Absolute Return Trust Share Discussion Threads

[goldtrader] 23/3/2002 17:36

muchos wonga i might be a fool buying these shares, but i dont waste my time posting on bulliting boards of shares i dont own,you must be a lonley, poor, sad person........ha,ha,ha,

[mioldmucker] 23/3/2002 14:31

mmmmmmmmm one to go for imho

[strongbuy] 22/3/2002 18:53

remember all those who bought on the monday after the tip on a T20 are either out at a loss or are new shareholders, Judging by the recent traing history they are more than likely the LATTER !!

Any decent newsflow will see this stock hit 5p very quickly & IMHO this one should not be overlooked.

[the big fella] 22/3/2002 11:28

Perhaps someone can bring this back to the fore on Monday when said tip fails to materialise.

[strongbuy] 22/3/2002 08:02

worth a punt

[strongbuy] 21/3/2002 22:24

This one is ready to roll out the cash for the bravest punters.

[itsourpete] 21/3/2002 20:12

So, another day of buys outnumbering sells by about a million! MMs are going to have to top up soon - watch the trades tomorrow.

[itsourpete] 21/3/2002 20:12

So, another day of buys outnumbering sells by about a million! MMs are going to have to top up soon - watch the trades tomorrow.

[muchos wonga] 21/3/2002 08:45

Oh, dear, another penny stock to mug the punters with.

Just goes to prove that a fool and his money are easily parted.

[strongbuy] 21/3/2002 08:44

Take a look.

[itsourpete] 20/3/2002 22:34

Jase - You too.

[jase21] 20/3/2002 22:30

I plan to hold for at least 12 months and let them grow maybe topping up along the way, thanks for the info good luck,

[itsourpete] 20/3/2002 22:26

Jase - If only I had a crystal ball!!!!!!

What is apparent is that they've had no difficulty so far in attracting backers so they're doing something right. The placing at 1p / share was snapped up. I understand that Galleon's customer base is expanding so has a MINIMUM of 14,000. With increased share buying by a revitalised British public, growth is inevitable. I also read somewhere that CFA has a new and big client on board. So the core business is looking good. BUT, add to this their plan to expand by acquisition (and they'll be looking for good value, good potential companies) and this company is set to become a little gem. The ball is in Abinger's court but an announcement is imminent, if broker reports are anything to go by.

I'm in long term, so not looking for a fast-buck. But I expect to see mid-prices of 2p by the end of April 2002 and who knows what (5p - 50p) 12 months from now. Buy, tuck away and look out for announcements and director buys, IMHO.

[jase21] 20/3/2002 22:05

Itsourpete have you got any sensible predictions for the share price for end of year. Thanks

[itsourpete] 20/3/2002 21:08

and the full article itself!


"Abinger's harbinger of bigger things
No pain no gain
by Derek Pain
18 January 2002
Buying shares in a fledgling venture can be rewarding for the small – and patient – investor. New and often untested companies frequently appear on the stock market even in these dull days. But there is, unless you are in the know or have a significant bank balance, little chance of the average private player picking up shares on the cheap before flotation.

The best private investors can expect is to buy in the months after the shares have been floated, or on the back of an early deal that entails the issue of more shares which act as a drag on the price for a time.

Abinger Investments could be such a candidate. It has been quoted for less than a year and has just put through its first takeovers. What's more, it is aimed at small investors and small companies. It is still feeling its way but, if all goes according to plan, Abinger could emerge as something of a power in the financial community.

At such an early stage in a company's development much has to be taken on trust with the records – and intentions – of the people involved which is the best guide to the future. There is no doubt the men behind Abinger have been round the financial block a few times and have the experience and know how to create a new group.

Of course, any fledgling investment carries a higher degree of risk than, say, a blue chip. But Abinger could be a rewarding pin-money punt for brave investors.

Leading the Abinger adventure is Stephen Barclay, 59, who has been advising small companies for many years. He was largely responsible for putting together the quoted Seymour Pierce financial and stockbroking group.

Mr Barclay launchedAbinger on the market last summer, raising £920,000 in the process. In November came the first deals. City Financial Associates (CFA) was acquired for £500,000 in shares, and a further £1.4m (in cash and shares) was spent buying Galleon Asset Management.

CFA is a small-company adviser run by Mr Barclay and his team: Galleon is a private client stockbroker, based in Manchester and born out of the old-established Gall & Eke. It has nearly 14,000 clients. Behind Galleon is Mark Sheppard, who is a former drinks analyst at ABN Amro.

I would be surprised if Abinger, which accompanied the takeovers with a £1m share placing, indulges in other major deals in the next few months. It plans to grow by acquisitions. But with so many redundancy notices flying around the City it intends for the time being to rely on those dropping out of work and feels it should be able to recruit top-class people to increase its firepower. Naturally, share options, already a big feature at the group, will be a major part of its hello packages.

Still, I would expect it to be padding along the takeover trail later this year.

Despite the plethora of small-cap advisers, it feels the financial community has yet to come to terms with all the needs of smaller companies. "There is a vast gap to be filled," says Mr Barclay. "We intend to specialise in small companies but, of course we would not turn away Vodafone if it came knocking on our door. But our aim is to accommodate entrepreneurs."

A banking licence and an investment management business are on the Abinger agenda. It is also thinking of developing a private equity entrepreneurs club. An AIM- quoted investment company, perhaps called The Punters' Fund, is another possibility. As the potential name implies it would be geared to small investors and specialise in offbeat and speculative situations.

Abinger's backers, with their small-company approach, are clearly geared to the small investor. The company, I believe, is a classic penny punt. For the £1m placing the shares were sold at 1p each. They are now around 1.25p.

Experienced investors, with a little cash to spare, should be tempted. They may not be getting in on the pre-flotation ground floor but Abinger is still a long way from even reaching the first storey."

[mioldmucker] 19/3/2002 20:48

big news soooooooon

[itsourpete] 19/3/2002 20:28

some 35 million shares have changed hands in the last 4 weeks of which the vast majority by some way were buys. The mms appear to be holding this one back - possibly trying to acquire stock for a big announcement due. Don't be tempted to sell - the bid price at just over a penny is derisory - this stock is going places and news is imminent. I'm in for the long term.

[m25] 18/3/2002 16:43

Do you know any directors who do intend to disappoint shareholders?

If as ABR say that it is against market laws to release information unless through appropriate channels, I would be very interested to know how the Daily Mail managed to get hold of the information.
I'm sure they would not print stories based on an unreliable source or am I being naive?

[strongbuy] 18/3/2002 07:03

I spoke to the company last week & i asked if there was substance to the recent article in the Mail & they said that "It is against the market laws to release information to the public unless it is through the appropriate channels" "However the Directors do not intend to dissapoint shareholders".

Read into the above what you want but I am getting a few hundred thousand bought!!

[itsourpete] 17/3/2002 22:26

well, its been two weeks now since brokers sqc research made the announcement that 'WITHIN the next few weeks Abinger Investments is expected to be appointed nominated adviser to several new client companies, describing Abinger as 'an interesting penny stock, with genuine profits potential'.

An announcement due this week then.

[strongbuy] 15/3/2002 07:39

Abinger about to breakout of it's normal trading range & move upwards sharply.

[itsourpete] 14/3/2002 20:39

could be - as long as the price continues to advance upwards I don't care how it's done. Are you already in? There's sure to be some more news on the acquisitions front soon - and possibly directors buying in?

[goldtrader] 14/3/2002 20:35

i meant 250.000 @ 1.22
noticed being sold on @ 132- 132-128 profit

[goldtrader] 14/3/2002 20:29

itsourpete 2 trades today 163.800 @ 1.2 250 @ 1.22 listed on advfn
as dont knows the price tells you its a buy. wonder" brokers
buying & selling on to clients to improve there own profits on
top of there comission